Measured, real-world performance is central to the GRESB Real Estate Benchmark. Our stakeholders rely on trusted systems to evaluate data coverage, year-over-year improvement, and absolute energy efficiency.
For US and Canadian asset managers, ENERGY STAR is the industry standard and has long served as a critical piece of infrastructure—a common platform for energy data management and the energy information equivalent of Grand Central Station. As an exceptionally successful public-private partnership, ENERGY STAR has delivered immense value to both the public and the real assets market for decades, resulting in better performance and generating billions in energy cost savings and value for private asset owners.
GRESB supports industry efforts to ensure ENERGY STAR’s continued role in the market. A trusted, independent platform for energy data management and benchmarking is vital to the long-term resilience of the industry. We encourage GRESB participants and other stakeholders to stay informed and consider joining industry efforts to communicate their support for ENERGY STAR through organizations such as:
Despite best effort, the future of ENERGY STAR is likely to remain uncertain. It is prudent to make contingency plans. Some asset managers may need to assess their dependencies and take action to protect their data and maintain continuity of reporting in the future. Many of our partners have stepped up to help GRESB participants navigate these issues and protect their 2023 and 2024 data that is needed for 2025 reporting as well as perform contingency planning for 2025 data needed for reporting in 2026. We encourage you to reach out to one of our partners to talk about strategies going forward:
Ultimately, GRESB remains committed to a future where ENERGY STAR’s core functions are maintained via a high-quality, non-proprietary platform serving an ecosystem of data producers and consumers. GRESB is a stakeholder in this ecosystem, and we are looking for ways to support ENERGY STAR as a program and continuity for our members.